Question

give the types of goods and explain the defference between consumer's goods and producer's goods with example​

Answer 1

Answer:

These goods directly satisfy human wants. Producer goods are those goods which are used by the producers to produce more goods or continue the process of production. The examples of consumer goods are milk food a TV set; car etc and that of producers' goods are machines tools equipments etc.

Answer 2

Answer:

Consumer goods are for direct use by the consumers. Examples: an apple bought from a shop for direct consumption, a TV or a shirt. Producer goods are like inputs to processes which make a consumer good. Example: The same apple when purchased by a manufacturer of bottled apple juice becomes a producer goods.

Explanation:

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